Income Statement - Enphase Energy, Inc. (ENPH)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,472.99 | 1,330.38 | 2,290.79 | 2,330.85 | 1,382.05 | 774.43 | 624.33 | 316.16 | 286.17 | 322.59 | 357.25 | 343.90 | 232.85 | 216.68 | 149.52 | 61.66 | 20.19 | 1.67 |
| Cost of revenue | 785.98 | 701.25 | 1,232.40 | 1,356.26 | 827.63 | 428.44 | 403.09 | 221.71 | 230.12 | 264.58 | 249.03 | 230.86 | 165.43 | 161.39 | 120.45 | 55.16 | 23.22 | 7.48 |
| Gross profit | 687.00 | 629.14 | 1,058.39 | 974.60 | 554.42 | 345.98 | 221.25 | 94.45 | 56.04 | 58.01 | 108.22 | 113.04 | 67.42 | 55.29 | 29.07 | 6.50 | -3.03 | -5.81 |
| Total operating expenses | 522.35 | 551.85 | 612.65 | 526.33 | 338.59 | 159.54 | 118.52 | 92.85 | 95.42 | 120.71 | 127.53 | 117.47 | 89.57 | 86.45 | 57.78 | 27.22 | 13.67 | 8.89 |
| Operating income | 164.66 | 77.29 | 445.74 | 448.26 | 215.83 | 186.44 | 102.73 | 1.60 | -39.38 | -62.70 | -19.31 | -4.43 | -22.16 | -31.16 | -28.71 | -20.72 | -16.69 | -14.70 |
| Non-operating income (net) | 40.16 | 42.87 | 67.40 | 3.79 | -94.90 | -67.03 | -12.62 | -11.83 | -5.96 | -3.29 | -1.39 | -2.86 | -2.89 | -6.41 | -3.58 | -1.06 | -0.23 | 0.20 |
| Income before tax | 204.81 | 120.16 | 513.14 | 452.05 | 120.93 | 119.41 | 90.11 | -10.23 | -45.34 | -65.99 | -20.70 | -7.29 | -25.05 | -37.57 | -32.29 | -21.78 | -16.93 | -14.50 |
| Income tax expense | 32.68 | 17.50 | -74.20 | 54.69 | -24.52 | -14.59 | -71.03 | 1.40 | -0.15 | 1.48 | 1.38 | 0.77 | 0.86 | 0.65 | 32.29 | 21.78 | 16.93 | |
| Net income | 172.13 | 102.66 | 438.94 | 397.36 | 145.45 | 134.00 | 161.15 | -11.63 | -45.19 | -67.46 | -22.08 | -8.05 | -25.91 | -38.22 | -32.29 | -21.78 | -16.93 | -14.50 |
Show Quarterly Income Statement
Income Statement - Enphase Energy, Inc. (ENPH)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 282.90 | 343.32 | 410.43 | 363.15 | 356.08 | 382.71 | 380.87 | 303.46 | 263.34 | 302.57 | 551.08 | 711.12 | 726.02 | 724.65 | 634.71 | 530.20 | 441.29 | 412.72 | 351.52 | 316.06 | 301.75 | 264.84 | 178.50 | 125.54 | 205.55 | 210.03 | 180.06 | 134.09 | 100.15 | 92.29 | 78.00 | 75.90 | 69.97 | 79.67 | 77.04 | 74.70 | 54.75 | 90.60 | 88.68 | 79.19 | 64.12 | 65.63 | 102.87 | 102.09 | 86.65 | 105.21 | 99.11 | 82.00 | 57.58 | 67.06 | 62.05 | 58.17 | 45.58 | 57.57 | 60.81 | 55.70 | 42.60 | 57.13 | 44.73 | 29.59 | 18.07 | 20.62 | 18.69 | 10.77 | 11.59 | 12.00 | 5.41 | 1.63 | 1.16 |
| Cost of revenue | 182.51 | 191.29 | 214.19 | 192.66 | 187.84 | 184.42 | 202.70 | 166.29 | 147.83 | 155.91 | 289.07 | 387.78 | 399.65 | 413.95 | 366.80 | 311.19 | 264.32 | 249.41 | 211.16 | 188.26 | 178.81 | 142.90 | 83.52 | 77.15 | 124.87 | 132.15 | 115.35 | 88.78 | 66.81 | 64.13 | 52.74 | 53.20 | 51.66 | 60.69 | 60.58 | 61.16 | 47.70 | 74.37 | 72.81 | 65.05 | 52.36 | 49.93 | 71.41 | 69.07 | 58.63 | 70.17 | 66.59 | 55.17 | 38.93 | 45.56 | 44.61 | 41.88 | 33.38 | 41.51 | 44.49 | 42.10 | 33.29 | 44.06 | 36.19 | 24.79 | 15.42 | 18.41 | 16.65 | 9.46 | 10.63 | 11.15 | 5.68 | 3.73 | 2.67 |
| Gross profit | 100.39 | 152.03 | 196.24 | 170.49 | 168.24 | 198.29 | 178.17 | 137.17 | 115.51 | 146.66 | 262.01 | 323.34 | 326.37 | 310.70 | 267.92 | 219.01 | 176.97 | 163.31 | 140.36 | 127.80 | 122.95 | 121.94 | 94.98 | 48.39 | 80.68 | 77.88 | 64.71 | 45.32 | 33.34 | 28.16 | 25.26 | 22.70 | 18.32 | 18.99 | 16.46 | 13.55 | 7.05 | 16.23 | 15.88 | 14.14 | 11.76 | 15.70 | 31.47 | 33.03 | 28.02 | 35.04 | 32.52 | 26.83 | 18.66 | 21.50 | 17.44 | 16.28 | 12.20 | 16.06 | 16.32 | 13.60 | 9.31 | 13.07 | 8.54 | 4.81 | 2.65 | 2.20 | 2.04 | 1.31 | 0.96 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total operating expenses | 130.04 | 130.23 | 130.08 | 133.49 | 136.32 | 143.49 | 128.38 | 135.37 | 144.61 | 156.89 | 144.02 | 153.02 | 158.71 | 153.74 | 132.48 | 124.97 | 115.15 | 105.62 | 103.01 | 68.40 | 61.56 | 42.82 | 43.22 | 37.53 | 35.96 | 33.44 | 31.00 | 27.87 | 26.21 | 23.16 | 25.64 | 23.26 | 20.79 | 19.13 | 22.36 | 22.79 | 29.14 | 26.33 | 33.61 | 29.92 | 30.85 | 30.87 | 29.69 | 33.40 | 33.57 | 33.08 | 30.63 | 29.32 | 24.44 | 23.11 | 22.78 | 21.78 | 21.91 | 22.24 | 24.52 | 21.11 | 18.59 | 16.90 | 14.98 | 14.30 | 11.61 | 8.88 | 7.82 | 5.83 | 4.69 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating income | -29.64 | 21.80 | 66.16 | 37.01 | 31.92 | 54.80 | 49.79 | 1.80 | -29.10 | -10.23 | 117.99 | 170.32 | 167.66 | 156.96 | 135.44 | 94.04 | 61.82 | 57.70 | 37.35 | 59.40 | 61.39 | 79.11 | 51.76 | 10.85 | 44.71 | 44.44 | 33.71 | 17.45 | 7.13 | 5.00 | -0.37 | -0.56 | -2.48 | -0.14 | -5.90 | -9.25 | -22.10 | -10.09 | -17.73 | -15.79 | -19.09 | -15.17 | 1.78 | -0.37 | -5.55 | 1.95 | 1.89 | -2.49 | -5.79 | -1.61 | -5.35 | -5.49 | -9.71 | -6.18 | -8.20 | -7.51 | -9.28 | -3.83 | -6.44 | -9.49 | -8.96 | -6.68 | -5.78 | -4.52 | -3.73 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-operating income (net) | 15.78 | 16.90 | 10.86 | 5.20 | 14.97 | 14.90 | 0.96 | 9.42 | 17.60 | 22.46 | 19.36 | 14.27 | 11.31 | 11.22 | -1.19 | -1.83 | -4.42 | -7.15 | -11.64 | -13.05 | -63.05 | -7.76 | -6.91 | -64.71 | 12.36 | -0.02 | -2.34 | -6.24 | -4.02 | -3.72 | -2.85 | -2.84 | -2.42 | -3.75 | -1.14 | -1.99 | -1.08 | -2.34 | -0.88 | -0.59 | 0.53 | 0.06 | -0.84 | -0.01 | -0.61 | -1.13 | -0.95 | -0.43 | -0.34 | -0.78 | -0.82 | -0.78 | -0.51 | -1.26 | -0.58 | -3.73 | -0.84 | -1.71 | -0.74 | -0.80 | -0.33 | -0.34 | -0.32 | -0.33 | -0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | -13.86 | 38.70 | 77.02 | 42.21 | 46.89 | 69.70 | 50.74 | 11.22 | -11.50 | 12.23 | 137.35 | 184.59 | 178.97 | 168.18 | 134.26 | 92.21 | 57.41 | 50.54 | 25.71 | 46.35 | -1.67 | 71.35 | 44.85 | -53.86 | 57.07 | 44.42 | 31.37 | 11.21 | 3.11 | 1.29 | -3.22 | -3.40 | -4.89 | -3.89 | -7.04 | -11.24 | -23.17 | -12.44 | -18.61 | -16.38 | -18.56 | -15.11 | 0.94 | -0.38 | -6.15 | 0.82 | 0.94 | -2.92 | -6.13 | -2.39 | -6.16 | -6.27 | -10.22 | -7.44 | -8.78 | -11.23 | -10.12 | -5.54 | -7.18 | -10.29 | -9.29 | -7.02 | -6.10 | -4.85 | -3.80 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income tax expense | -6.45 | -0.02 | 10.38 | 5.15 | 17.16 | 7.54 | 4.98 | 0.38 | 4.60 | -8.69 | 23.39 | 27.40 | 32.10 | 14.43 | 19.44 | 15.23 | 5.59 | -2.05 | 3.90 | 7.00 | -33.36 | -1.64 | 5.48 | -6.56 | -11.87 | -72.25 | 0.27 | 0.59 | 0.35 | 0.58 | 0.25 | 0.34 | 0.24 | -0.95 | -0.18 | 0.85 | 0.13 | 0.75 | 0.14 | 0.34 | 0.24 | 0.68 | 0.31 | 0.23 | 0.17 | 0.42 | 0.13 | 0.12 | 0.11 | 0.42 | 0.14 | 0.12 | 0.18 | 0.31 | 0.13 | 0.15 | 0.07 | 5.54 | 0.89 | 0.46 | 9.29 | 7.02 | 6.10 | 4.85 | 3.80 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net income | -7.41 | 38.71 | 66.64 | 37.05 | 29.73 | 62.16 | 45.76 | 10.83 | -16.10 | 20.92 | 113.95 | 157.19 | 146.87 | 153.75 | 114.81 | 76.98 | 51.82 | 52.59 | 21.81 | 39.35 | 31.70 | 72.99 | 39.36 | -47.29 | 68.94 | 116.67 | 31.10 | 10.62 | 2.77 | 0.71 | -3.47 | -3.74 | -5.13 | -2.94 | -6.85 | -12.09 | -23.31 | -13.19 | -18.76 | -16.72 | -18.80 | -15.78 | 0.62 | -0.60 | -6.32 | 0.40 | 0.81 | -3.03 | -6.24 | -2.81 | -6.30 | -6.40 | -10.41 | -7.74 | -8.91 | -11.39 | -10.18 | -5.54 | -7.18 | -10.29 | -9.29 | -7.02 | -6.10 | -4.85 | -3.80 | 0.00 | 0.00 | 0.00 | 0.00 |